Datamatics, a leading global Digital Operations, Technologies, and Experiences Company, today upgraded all its Finance and Accounting (F&A) customers to FINATO from its existing iPM platform. FINATO is a digital augmented suite powered by artificial intelligence, machine learning, automation, analytics and mobility. FINATO is a unified platform with multiple modules across Procure to Pay (P2P), Order to Cash (O2C), Record to Report (R2R), Travel and Expense (T&E), Contract Management and Financial Planning & Analysis (FP&A).
FINATO is built for Finance function keeping in mind the requirements of the finance transformation for the coming decade in line with Datamatics 'Deep in Digital' brand promise. FINATO is available as a SaaS-based platform, and effortlessly scales to handle growing transaction volumes. It seamlessly accommodates multiple currencies and languages while remaining agile in the face of regulatory shifts. It has intelligent automation and smart workflows at its core, enabling straight-through processing, thus improving efficiency and accuracy of operations. Leveraging the power of artificial intelligence, FINATO enables CFOs to make data-driven decisions. Real-time reporting and dashboards provide the CFOs with full visibility of finance operations, cashflows and business KPIs. FINATO comes with a very engaging and user-friendly interface, and is also available as mobile-based application, leading to increased productivity, ease of use, and better adoption.
Navin Gupta, EVP & Global Head of BPM Services at Datamatics, expressed, "We are pleased to introduce Datamatics FINATO. It will help the CFOs better fulfil their KPIs such as faster processing, improved cash flows, better visibility to finance operations, and higher customer and supplier satisfaction leading to revenue growth and strengthening of long-term relationship." He added, "Datamatics is consistently ranked amongst the top 10 global vendors for Finance & Accounting by leading industry analysts. I am confident that FINATO will help in further strengthening this positioning."
Shares of Datamatics Global Services Limited was last trading in BSE at Rs. 553.95 as compared to the previous close of Rs. 586.75. The total number of shares traded during the day was 69420 in over 3364 trades.
The stock hit an intraday high of Rs. 592.00 and intraday low of 539.35. The net turnover during the day was Rs. 38992684.00.